COWZ vs FVD: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
FVDFirst Trust Value Line Dividend Index Fund
First Trust · 236 holdings · $8.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (COWZ: 2026-04-30, FVD: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are COWZ and FVD?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; First Trust Value Line Dividend Index Fund (FVD, by First Trust) holds 236. They have 22 holdings in common, and by portfolio weight the two funds are 9.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22COWZ holds 100 · FVD holds 236
- Weight in Shared Holdings
- COWZ 24%·FVD 9%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in COWZ
78 of 100 positions (75.5% of the fund) are not held by FVD. Showing the top 30 by weight.
Only in FVD
214 of 236 positions (90.5% of the fund) are not held by COWZ. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | FVD |
|---|---|---|
| Health Care | 21.0% | 6.4% |
| Information Technology | 19.4% | 4.6% |
| Utilities | 0.0% | 18.9% |
| Financials | 0.0% | 18.5% |
| Energy | 16.4% | 3.4% |
| Other Sectors | 43.0% | 43.3% |
| Unclassified | 0.0% | 4.7% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of COWZ, 5% of FVD).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| COWZ | +7.8% | +15.6% | +28.0% | +12.8% | +11.6% | — | 1.79% |
| FVD | +2.8% | +11.6% | +14.7% | +10.6% | +6.9% | +8.8% | 2.20% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in COWZ vs FVD →
Shared Holdings(22)
The top 10 shared positions account for 47% of the overlap, led by BMY, KHC and PFE.
 BMYBristol-Myers Squibb Company COM | 2.03% | 0.45% | 0.45% |
|---|---|---|---|
 KHCThe Kraft Heinz Co. COM | 1.12% | 0.44% | 0.44% |
 PFEPfizer Inc. COM | 1.99% | 0.44% | 0.44% |
 MOAltria Group, Inc. COM | 2.20% | 0.43% | 0.43% |
 GILDGilead Sciences Inc. COM | 1.83% | 0.43% | 0.43% |
 PCARPaccar Inc COM | 0.99% | 0.42% | 0.42% |
 TMUST-Mobile US Inc COM | 1.78% | 0.42% | 0.42% |
 DGXQuest Diagnostics Incorporated COM | 0.44% | 0.42% | 0.42% |
 CLColgate-Palmolive Co. COM | 1.10% | 0.42% | 0.42% |
 GISGeneral Mills, Inc. COM | 0.47% | 0.42% | 0.42% |
 VZVerizon Communications Inc. COM | 1.90% | 0.42% | 0.42% |
 ACNAccenture PLC SHS CLASS A | 1.68% | 0.42% | 0.42% |
 CTSHCognizant Technology Solutions Corp. CL A | 0.69% | 0.41% | 0.41% |
 CMCSAComcast Corporation CL A | 1.71% | 0.41% | 0.41% |
 PAYXPaychex Inc COM | 0.58% | 0.41% | 0.41% |
 STZConstellation Brands, Inc. CL A | 0.63% | 0.41% | 0.41% |
 ADPAutomatic Data Processing, Inc. COM | 1.30% | 0.41% | 0.41% |
 SSNCSS&C Technologies Holdings Inc. COM | 0.44% | 0.40% | 0.40% |
 VRSNVerisign, Inc. COM | 0.39% | 0.43% | 0.39% |
 LHLabcorp Holdings Inc COM SHS | 0.38% | 0.42% | 0.38% |
 CHDChurch & Dwight Co Inc. COM | 0.35% | 0.41% | 0.35% |
 SNASnap-On Incorporated COM | 0.34% | 0.42% | 0.34% |
Frequently Asked Questions
How much do COWZ and FVD overlap?
COWZ and FVD overlap by 9.0% of portfolio weight. They share 22 holdings (COWZ holds 100 positions and FVD holds 236), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and FVD?
The two portfolios are 9.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of COWZ and FVD?
The largest positions held by both funds are BMY, KHC, PFE, MO and GILD. Together the top 10 shared positions account for 47% of the total overlap.
What does COWZ own that FVD doesn't?
78 positions (75.5% of COWZ) are unique to COWZ, led by QCOM, COP and CVS. In the other direction, 214 positions (90.5% of FVD) are unique to FVD.